Too Late to Beg From the Too Big to Fail

It’s a textbook case of when doing less is more. If the Obama administration had better kept its powder dry, instead of spending so profligately, it perhaps wouldn’t be stuck doing so much backpedaling.

Now the federal budget’s in pieces and it seems too late to be begging from the too big to fail banks.

 

Too Little Too Late

The Daily Reckoning